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. the big concern this morning, will the markets be spooked by all of this just over a week from the deadline? we're already seeing lower asian markets. and in an interesting twist, the high-level english official says that it's, in his words, the right wing nutters who are causing more of a threat to the world economy than problems in europe. amara? >> tracie potts in washington, thank you. >>> the man accused in the massacre and bomb attack in norway is asking for an open court hearing so he can explain himself according to his lawyer. anders breivik is due to be arraigned today. this as a shaken nation mourns the 93 victims who died. emma murphy from our english broadcast partner itv reports. >> reporter: in a country struggling to comprehend the events of the past days, there are few rituals to bring comfort. but hour after hour in the driving rain, the people of norway have lit candles and laid flowers in memory of their dead. they seek solace together, but it is a terrible shared pain. some of those who were injured in the ireland attack joined with norway's king and queen
a full check when the kron 4 news returns. hello parents, it's going to be a big school year. your kids are going to climb rope. they're going to have a year long tug war with the ceiling. and by the time they get out of 8th grade, they're going to do it with sweat on their brow and achievement in their hearts. so, this is what they're gonna need: running shoes, t-shirts, tube socks, fruit cups, cheese sticks, energy bars, rope climbing gloves, rope burn ointment, and a jump drive. not sure what that is, but they're gonna be jumpin'. school takes a lot. target has it all. [ woman ] sam begged and pleaded... so i sent him to camp. we'd earned lots of points with our new citi thankyou card... and i put them to good use. he told me about his bunkmates, and how he signs up for every activity. ♪ he even hangs out with the camp director. just like that. [ male announcer ] the new citi thankyou premier card gives you more ways to earn points. what's your story? citi can help you write it. [ male announcer ] get ready for the left lane. the volkswagen autobahn for all event is back. right now
and gloom for the market watchers. what's the truth here. >> traders for a long time figured this was no big deal a big oner. recently they started to take action pulling gold prices higher over $1,600 a troy ounce and a weak dollar means that oil prices are spiking higher almost to $100 a barrel. bar the door if we actually have a default then you could see the big impacts a big market sell-off spiking interest rates. >> shepard: default a much bigger deal than a downgrade. a lot of folks suggest a downgrade coming either way. >> a downgrade could come any time. very big impact on consumer interest rates, mortgage rates, small business loans. you name it, they become more exeivel if those interest rates move higher. also stocks could sell off not good news for your 401(k), shep. >> shepard: no doubt. gerri willis fox business news. her report 5:00 eastern time, 4:00 central on the fox business network jewels up the dial. one republican leader says president obama would rather give speeches about the debt crisis than find a solution. but the president's experts say he is the one actually tal
. remember, this big putt that he made for par at 18. that got him into the playoff. ian: that's not dissimilar to the putt that sean o'hair has upcoming for his par. bill: dean ryan from the royal canadian golf association marking it off, seeing who's away. david: i think sean o'hair would love to be away here. it's not the easiest up and down -- even though it's uphill there's a little false front there. mistake with the contacts you can either run it baby or come back to your feet for kris blanks. peter k.: he's indicateed that sean o'hair is away. ian: big right to left here. downhill. difficult to get the right speed. he wants to hole it but he's got to make sure he doesn't hit it so far by that he doesn't make the five a test. kris blanks has a tricky chip sitting down in that first cut, sitting down in that first cut, coming steeply uphill. wonderful effort for sean o'hair. it's a bogey. it's a bogey. but it was a beautiful putt. bill: watch kris blanks in the background. a little body english. ian: yeah, it's a gentleman's game, isn't it? david: with some great acting.
as legal. ceremonies were held from manhattan to nighing a ray falls. >> last-minute captures on the big day. same-sex couples sweltering in the heat. >> with the celebration comes spending. it's thought same-sex marriages will boost the country by $3 million over the next three years. a handful of states have legalized same-sex marriage and new york is the one that will draw in the crowds. a destination in its own right. -- in its own rite. >> mark mattias had his cupcakes at the ready. his customers in this predominantly gay area of manhattan are now planning their weddings. >> roughly 50% of our business is weddings and we're expecting a big boost in revenue due to same-sex couples's weddings. >> the federal government here doesn't recognize these weddings. >> if one of us should pass away, the other cannot get social security and with regard to finances and taxes, we're not just treated the same as a heterosexual coup. >> whatever the picture at the national level, new york is welcoming same-sex couples with open arms, and after years of waiting, newlyweds are ready to throw the ulti
throughout new york on sunday from the big apple to niagara falls. same-sex couples took the plunge taking advantage of landmark legislation that permits gays and lesbians to marry in the state. the first day of legalized same-sex marriages did have a few protests, but they fizzled quickly as scores of gay and lesbian couples said i do. new york is the sixth and largest state to allow same-sex marriage. >>> hundreds turned out at california's imperial beach to watch a group of artists playing in the sand. each craftsman attempted to carve their place among elite sand sculptors, churning out amazing works of art. this year, 32 teams competed for a $21,000 grand prize. >>> and finally in florida, several men did their best impersonation of ernest hemingway. the annual look alike contest at the hemingway days festival pitted over 100 clones of the famous writer against one another. the winner, a 63-year-old biomedical engineer said along with his looks, he shared hemingway's fondness for sport fishing and writing. >>> now for a look at your national and regional weather, here's nbc meteorolog
, of being a terror attack. large explosions. a big bomb in oslo, and then a guy who steals is police uniform or creates one and then goes to the camp, and he also had mom-making materials or a bomb on the island. you begin to say this is an awful big sort of incident to have just one person. so for a lot of reasons i think people assume, based on recent history over the last ten years, of an international terrorism conspiracy. we're now hearing maybe not. this may be a right wing extremist. somebody from their midst. >> fran, this reminds me of the oklahoma city bombing. when that happened it was also so big the initial idea was this had to be a group of some sort, and i guess it was. there were two people involved. it was not a massive group nor a big effort. >> that's right. i think one, you will find this will be hard to do alone. the times square bomber, it's hard to have one guy to get the materials and put it together correctly and detonate it. it's reasonable to suspect he had some amount of help. and we are hearing from media sources the individual in custody may have been a farmer.
that washington could be on the verge of its first-ever default. the big question now, how might wall street react this morning? >> it's unthinkable that this country will not meet its obligations on time. it's just unthinkable that we'd ever do that. >> reporter: a market slide could affect what you pay for mortgages, car loans, financing college. right now, washington is stuck on the timing. democrats and republicans want to tighten this up now. >> i don't think they have they choice. >> reporter: republicans want a short-term deal. cut $1 trillion now. and then, more cuts through the elections. >> and not some short-term gimmick. >> i know the president's worried about this next election. my god. shouldn't we be worried about the country? >> reporter: speaker boehner told conservatives to be ready to make compromises. >> if you break it, you own it. >> reporter: has the world been looking at all of this? one english official says right-wing nutters, as he calls them, in congress, are causing more of a problem for the economic economy than the crisis in europe. >>> the man accused in the massacr
. you have a big group of new freshman republican members in the house. they are not budging. they're not listening to just about anybody. it's -- they're going on what they believe is a mandate with this big tea party election in 2010 and they haven't really budged. you're seeing business leaders on wall street saying do something, do anything. this group of freshman republicans aren't really budging. will it have been an impact heez emails and phone calls, who knows. it may mean that house republican leaders have to shift away from what these small group of freshman republicans want. we'll see if it has an impact or not. there's not a whole lot of time left. >> indeed. thank you so much. we will be talking with nbc's chuck todd in a few minutes. >>> the first tropical system of the year has fizzled out. tropical storm don has weakened into a tropical depression. the storm made landfall along corpus christie. it brought little relief to the record breaking heat in the lone star state. here's with your saturday forecast bill karins. good saturday morning to you, bill. >> all the hy
morning steve and alison big hello welcome back. >> thank you tuck. i experienced dry heat i will talk about it later in the show. >> we had something from another world over the weekend temperatures a little better today i want to stress, low 90s decent chance for scattered showers and thunderstorms could use those this is generally a good news monday forecast let's look at our satellite radar, again we will start with radar gain showers off to the south and east, heavy rain in spots across southern maryland during the overnight hours they had a flash flood warning, but you can see here in the immediate washington area, fairly quiet conditions there is a lot of haze and humidity in the atmosphere. temperature not comfortable, regan national, 81 degrees. 76 dulles, 75 at the naval air station and 75 hagueers town. partly sunny condition, thunderstorms developing later, highs upper 80s low 90s again our best chance of rain this week let's hope we get a little bit before sunshine returns tomorrow more details in the forecast in a coupling minutes lauren. >>> we are still dealing with two
feeling. >> i can't wait to see you in new york. start that race together and give you a big hug at the finish line. >> sounds good. can't wait to see you. >> if you want to follow along with me or any members of the six-pack, logon to cnn.com/sanjay. thanks for being with us this morning. time now to get you back into the cnn newsroom for a check of our big stories. >>> this from the cnn center in atlanta, georgia, this is your saturday morning, k a.m. eastern time and i'm t.j. holmes. two developing stories. first the president summoning congressional leaders back to the white house for a saturday morning conference. this comes the day after the house speaker, john boehner walked out on debt talks. the president calling them right back. >>> also the developing story out of norway where at least 91 people have been killed in two separate attacks in norway. police there say these two attacks are, in fact, linked. still a developing story. we'll have the very latest for you live in just a moment. we need to begin in washington, d.c. with that looming deadline on the nation's debt.
day in solitary confinement today as norwegians rally together. this is not a big country which makes scenes on the streets all the more powerful. flowers still fill the streets of oslo today. it was called the rose march, an extraordinary outpouring of remembrance in downtown oslo spurred first by a single user on facebook. crowds eventually swelled to over 200,000. are you surprised how many people came out? >> no. norway is small country and everyone love each other. >> reporter: it wasn't just norwegians. americans as well. i noticed you came down with both the american flag and the norwegian flag. >> yeah, that's correct. >> reporter: support for both countries? i want norwegians to know everyone is supporting them. >> reporter: norway's prime minister said we are heart broken but not letting fear break us. the fear the result of this man who we got a glimpse of on monday. portraying no emotion. police say he has given them additional information he may have worked with two other terror cells both capable of future attacks. for that reason, he'll spend four weeks in solitary with
a big difference. after beating the yanks, orioles watches the yanks pull var rise. new york just continues to rack up 12 runs in the first inning alone. that's a team record. the o's go on to lose this one 17-3. oh well. we will wrap up this series with the new york yankees this afternoon and you can see the game live right here on wjz. 1:00 p.m. is the first pitch. >> you see the final score, did they not go home crying? >> our producer malachi is a die hard yankee fan. >> good point tim. >> come on. kind of a team is that? 17 after you hit 12. >> really. >> give me a break. orioles did well and stopped at 17. good grief. you know, we don't cry. we find the bright side. we are looking a at a bright side with our weather today. it was a really nice day yesterday. did you enjoy yesterday? >> it was a good day. i'm trying to think what did i do. i can't remember. >> that's a good weekend. when you can't remember with you did. wow, -- when you can't remember what you did. we are looking at a pretty decent day. much like yesterday, the humidity level is low. we're still focused on th
tuition before we stop funding, clean energy we should ask big companies to give the government tax breaks. before we as seniors to pay for more firm health care we cannot simply afford under these circumstances. despite all the rhetoric they are confident i deadline will be reached. >> a laptop in a piedmont section >> and had at gaylord's cafe three robbers entered the shop and stealing laptops from people sitting inside. one tackled the peace that they've pulled a gun and shot a woman sitting out here in the leg. >> a fair amount of blood shoe is pretty, about >> she was working at the time of the robbery. >> when i came many bought ice-cream and two more guys came in and bought the same thing and then were just hanging around outside. there was a cop car pulling ups they got away for a second >> cafe shooting happened just before 11 not saturday night. it is a normally quiet piedmont avenue >> we get all lot of laptop to snatched here all the time. >> still n head on the kron 4 weekend more on the news of 80 wineglasses dallas. it it should be a nice day today perry [ male announcer ]
worked out, check their lockers, talked with coaches, which they are now allowed to do. the big questions remain of donovan mcnabb. and in fact he was not here today. he is under contract ands is believed that he will be traded, probably to minnesota. rex grossman is a free agent but we believe he will be resigned. and that leaves us with john beck, who, as everyone knows, he is the starting quarterback. beck is in his 5th year out the byu, drafted in the dolphins in '07 and played with the ravens in 2009. a short time ago i spoke with the man who very well could be the redskins starting quarterback. >> john beck, as happy as anybody that the lockout is over. >> glad it is over and we can be back here working. >> and you're back to work and you've talked all along like you are going to be starter. as a quarterback, you have to be confidence. has mike shanahan told you something that he hasn't told us yet, or is there some inside info that you know you are the starter. >> it's just a competition, is what i've been told, the competition to be that guy and i feel confident in that competitio
no major problems with power right now. and we're not expected to break a record. but big problems are on the track. we have reports of people stranded without air conditioning, on marc trains. there have been power problems. and they're single tracking between here and washington. also, there's an amtrak train that is stalled near new carrollton right now, with 400 people on board. thankfully, though, the air conditioning on that train is working. >> reporter: the sun beat down. baking maryland in record- breaking heat. >> a big, hot wet blanket. >> like i'm in a bowl of hot pea soup. >> feels closer to 114. >> bge, allowed wjz inside its electrical operations control room. the number in red is how many megawatts of power is being used. it's 5500 on a typical day. >> he's not seeing any significant problems. there's been some heat-related problems in what we do in advance of really hot weather. we'll put more resources in the field so they can more quickly respond to power outages. >> reporter: marc train operators are monitoring for problems, after dozens of people were stranded
was always striving for a big deal. from the speaker's perspective, the white house at the last minute from their view moved the goal posts. they -- what it sounds like, not only comes to some agreement on a framework, but they were talking real details on some of these proposals, having to do with cuts and spending cuts and medicare and enconstitutitlemen all that. after this agreement that they have come to -- it had reached, they say the white house moved the goal posts. and in their view, speaker bane her to step back, take stock of the situation and really look at the calendar very seriously. as he said had, to do something because the white house's vision was not in line with that of congress. and that's why speaker boehner has now made this very aggressive move saying he's now just working with congress on this. >> jessica, we're running very tight on time tonight. i want to get through a lot fast. is there a sense when you look at the numbers that both sides talk about, even if you take their conflicting versions of what happened, i had the sense they were both talking about really
jersey, hit 106, the highest temperature, ever, for any day, ever, in newark. that shows how big this area of heat is. you can still see heat advisories extending from kansas and toward the mid-atlantic and the eastern seaboard. the heat index from kansas is 106 in wichita and 109 in st. louis and creeping across the northern planes and 92 in minute appear police but the bull's eye is the eastern seaboard and now up to 121 is what it feels like in washington, dc, incredible, and i am sure that is record. and dover, 119, and 116 in newark. a day to stay indoors. at night the temperatures only dropping into the mid 80's. so the house does not cool down and not catching any break from the heat. >> i look forward to the next ice age. when will it end? rick: we are mid-july so the hottest, anyway, so well not see a huge relief but a relief across the north. tomorrow, 94 in chicago and hot across the eastern seaboard at 10- to 15-degrees below today's heat index but the dark colors it heats back up and folks across the south, especially kansas and oklahoma have been dealing with the he
>>> this is fox 5 news at 10:00. >>> fox 5 on top of the big stories tonight. a talented but troubled singer silenced for ever. amy winehouse found dead at home. the entertainment world mourns as details emerge about the investigation. the psychiatrist murdered in northern virginia and police say a patient pulled the trigger. left with no ac in the middle of our heat wave. residents of a dc apartment complex say despite complaints, they had to sweat it out the last few days. a lot to get through tonight, but we're going to start off with the extreme heat. thanks for joining us at 10:00, i'm lee thomas. we are wrapping up another record setting day of triple digit temperatures. and right now, we are still hovering around the 90-degree mark. fox 5 is in the weather center. ken, we are all on the same page on this one, hoping the heat wave is behind us now. >> i think we are. we are not quite out of the clear. now we will get a little bit cooler, but just relatively speaking and i'm only speaking a few degrees. but we still have the he
finally came out publicly with a bipartisan, big, tough plan, a framework for how to deal with our very real challenge with our record deficits and debt. it's my hope that the senate will consider cut, cap and be balance, defeat it and then put a responsible plan on the floor, one that shares the sacrifice across all the areas of our budget and that puts forward the kind of framework that everyone can support. bill: okay. on the cut, cap and balance, so you agree with harry reid that this is a waste of time on a balanced budget. why would a balanced budget amendment when polls show 72% of those surveyed favor it, why would you be opposed to that, senator? >> i don't speak for leader reid, obviously, but what i think the leader was suggesting was that with ten days left until we default on america's mortgage, we should be focusing on things that have a very real chance of passage in both houses and that can avoid the catastrophic consequences of defaulting on america's debt. i think leader reid and many of us in the senate are concerned that if we simply keep ping-ponging back and forth
to engage in serious negotiations. >> so, now what is the big question? speaker boehner will rebut the president just about 14 minutes from now. we'll take you there live. in his letter to his colleagues, he said his preference now is to work on a plan in the congress. but the president expects the house and the senate leaders of both parties at the white house saturday morning. is this just theater before a deal or a recipe for gridlock and maybe an economy shattering government default? chief white house correspondent jessi jessica yellin, and kate bolduan, and gloria borger here, jess, the speaker doesn't want to negotiate anymore, and this is not a president known for his anger or his temper, but he seemed pretty piqued. >> reporter: this was the president hitting by far his most frustrated, fed-up note during the debt negotiations by far, john. we heard him say that the republicans just don't know how to say yes. that he offered the most generous package he could. in short he said that he offered them a deal that democrats just didn't like. he was basically saying he was enrag
through song. >> i want people to know what an amazingly, beautiful, talented girl who made a big impact in the music world and personally to lots and lots of people. and that's ba what her family to know as well. she made a really big impact. >> an autopsy is scheduled for tomorrow. >>> in san francisco today, the contemporary jewish museum held what had to be the first ever hand holding music and art exhibit. all of it with a gay and lesbian theme. ♪ there's the music, the hand holding part of the event comes after one of the security guards there told a lesbian couple two days ago they were not allowed to hold hands inside the museum. the museum director says today's event was a big success. >> we just couldn't be happier with the outcome. people coming, people singing "i want to hold your hand" and recognizing that the contemporary jewish museum is for everybody. >> museum officials say the guard worked for a private security company and was immediately removed from the premises after last week's incident. >>> still to come at 5:00, a well known bay area surf spot becomes a place o
&p said they need to do to keep the credit rating at triple-a. >> how big of a concern is that? even with the plans the credit rating might still be downgraded? >> it's a very big risk, anderson. there's two different events here and it's hard to keep them separated from each other. the first is getting the debt sealing lifted. that's the critical negotiation under way now. even if we get it lifted, eric's right. standard & poor's is saying even if you get it lifted it's how much you're willing to cut the deficits that they will really judge the triple-a rating of the united states on and if it's something less than $3 to $4 trillion in real cuts they're going to lower the credit rating of the united states for the first time in our history. we've had it since 1917 we've been triple-a. there's a growing sense at top levels here in washington that the chances of a credit rating downgrade is becoming more than just a possibility but moving towards a probability. >> april, for those who haven't been following this as closely as everybody in washington and a lot of other folks have been
of them who have trouble hitting this will help their chances of repeating. this is big news, carlos beltran is one of the best hitters in the lead. >> we will have some more coverage later. new at 5:00 p.m. a naked man attack in san francisco and is caught on video. why the police say that this video is a hate crime. also a television news anchor was attacked live on air. we will show what caused the confrontation plus, there was a big room brawl. q. have owners x speaks out about the playboys passion or lack thereof and how the magazine mobile is fighting back all ahead. it's really delicious, mom. it's not too well done? nope. but it is a job well done. what are you reading, sweetie? her diary. when you're done, i'd love some feedback. sure. your mom and i read that thing cover-to-cover. loved it. thanks. would you mind if i cut the lawn this weekend? only if you let me talk to your mother on the phone for hours on end. done. [ male announcer ] u-verse brings peace to the family. at&t u-verse lets you record four shows at once from any room and play them back on any tv. get u-ver
.m. this meeting last night came after word of a potential deal and a pretty big deal after word of a potential deal really stole the headlines yesterday afternoon and overnight. this would be, as i said, a pretty big deal. $3 trillion in deficit savings over ten years. and we only have a rough sketch of it. what is interesting, don, as you said, the white house is shooting this down. they say there is no deal. we heard jay carney shoot this down yesterday. the speaker's office is saying there is no deal but we have from congressional sources who are speaking on anonymity there is a framework. at 10:00 a.m. we will detail what the sources are telling us is in this potential agreement. >> only 10 1/2 days. thank you very much. we will be coming back to you throughout the day. >>> among an already crowded field of gop presidential candidates, a new cnn/orc poll suggests that texas governor rick perry may want to throw his hat into the ring too. mr. paul steinhauser joins us live from washington. >> rick perry is thinking about jumping into the white house and could do it. stay tuned on that. the
>>> good wednesday everybody. i'm contessa brewer covering the big news coast to coast. the big story we're watching right now, debt, deficit, downgrade, deadlock. there's six more days until the august 2nd debt default deadline. really, does anybody think there's going to be a deal? >> it can pass the house and pass the senate. i hope the president will consider signing it into law. >> the speaker's proposal cannot pass the senate, will not reach the president's desk. >> another day, another delay as washington tries to come up with a debt deal. today's breaking news a bipartisan group did the math on both the duelling democratic and republican debt plans and both come up short on their projected savings goals. democrats put their bill on hold. while republicans scramble to rewrite theirs. >> things are very fluid. >> today's house vote tabled while gop leaders try to get reluctant freshman on board. >> i want a solution, not a deal. i don't think this goes far enough. >> does this keep us in the battle. >> john boehner has a group of people that believe their way is the correc
for weeks and weeks and weeks over big proposals to cut $4 trillion in spending and remake the way america collects taxes. mr. boehner fell pressure from consumer lives -- boehner felt pressure from consumerconservats and walked away. he did get involved. now he is kind of out of the room and is a mere spectator, as you indicated. >> at the end of the day, it looks like the debt ceiling will be raised. it has happened three times during the obama administration. >> yes, this is a strange fight for american lawmakers. in the past, the debt ceiling was raised routinely on the backs of other pieces of legislation. the so-called tea party republicans, who were elected as the referendum against obama and the democrats', said they would never raise the debt ceiling. that's the problem mr. boehner is facing. they have had months to get their troops ready for this. they are close. there's only a handful of votes away -- they are only a handful of votes away. the people elected in 2010 were elected on the single platform of not raising the debt ceiling. it has been an uphill battle for mr. boehner.
in rural areas. last year the postal service lost $8 billion. the partial shut-down of the f.a.a. is a big windfall for most u.s. airlines this morning. congress failed to fund the budget for the f.a.a., authorization to collect taxes on airline ticket expired. only three airlines though -- alaska air, frontier and virgin atlantic, are dropping fares. other airlines are collecting and keeping $200 million a week. >>> mcdonald's is announcing big changes to its happy meals today. the los angeles times reports the fast food giant will add servings of fruits and veggies to the popular meals and the size of fries will shrink. look for changes in september. >>> and that denver teenager mauled by a bear in alaska is describing the attack from his hospital bed. the weekend attack happened north of anchorage. 17-year-old sam gotsian was on a hike for a survival course. some got away and sam was lucky just to survive. >> i thought i was going to die when i was being attacked. i was so scareded. we saw the first person go around the corner, yell bear and run backwards. i looked behind me and the bea
be on the way? >> we had a day we didn't hit a hundred. we had big storms blow through especially anne arundel county. some went to ocean city where the detour was delayed because of the weather. we are at 78 and it feels like 84. we have the nasty heat index at this hour. many days into the heatwave, storms still around the eastern shore. watch the pivot-- watch these pivot around. i think we will have ourselves a partly cloudy morning. probably more clouds than we are showing. we will go to 9 # but there will be heavy downpours developing as well. how about traffic? >> reporter: we have no accidents reported. baltimore city or baltimore county. good way to start out the morning. let's look at the beltway. we have no incidents reported there either. this is 695 at wilkins avenue. very light traffic building in both directions. outer loop on the left a few cars but no incidents to report. we are dealing with construction on 95 northbound before 216. two left lanes are closed for repaving. we have a disabled vehicle # 95 northbound at harbor tunnel. northbound tube is closed also roadwork 295 n
big sweaty shoes to fill. >> juan: you know, i think when they say is i am light in the pants. trying to fill in for bob becket. >> greg: if you look below the table you find an ankle monitor. >> juan: okay. >> greg: i to ask you, what is with the contrast of the polls. they like him but not his job. how do you explain that? just they do like him. when it come -- >> juan: they do like him, and when it comes to the economic performance that drives the numbers, it's compared to what. if you ask them about for formenace of republicans -- performance of republicans it's worse than president obama. so what you see is they are saying we don't like the way any of the politician in washington is doing business. apox on all of their houses, a bunch of bums and not doing job number one, producing jobs. >> greg: eric is laughing. >> eric: i chuckle because you talk about the congressional approval rating around 12% and point out it's republican congressional. but democrats are in that group, too, are they not? >> juan: they have, but they have lower rating than democrats in the congress. >> eric
now, august 2nd is the big date, and the hard deadline or the u.s. default defaults on the $14.3 trillion debt. the white house says that lawmakers need a basic plan in place by today if they are going to be able to craft a bill in time to avert a default. nbc's kristen welker is following all of this for us live at the white house. kristen, good afternoon. where do we go from here? what is the bottom line? a lot of talking from the white house and the republicans and where does it all stand and what is next? >> hi, there, jeff. house speaker john boehner and president obama are saying that they are not close to a deal, but there has certainly been a lot of chatter about a potential deal. here is what it would look like. it would involve $3 trillion in deficit reductions over the next decade. it would include immediate cus s to discretionary spending right off of the top, and then over time, you'd see some changes in entitlements things like social security and medicare and also some changes to the tax code including a roll back for tax breaks for the wealthy americans and the
, again, big difficulties with the sydney s&p 200 by more than 1%. let's move over to europe. we're a touch into the hour on the trading day. a decent run-up on some of these markets in the course of last week, off by -- well, actually only a fraction of a percent now. it has been more than that, half a percent for the cac. in the united states markets clearly opened -- will be opening in less than five hours' time and we're looking to a lower start as well. off by 1%. certainly a little pessimism. maybe some optimism mixed in. we will, as hillary clinton says, see a deal in the course of day or the next day or two. >> yeah, it will be interesting to see how the european markets pan out as well and how it affects the u.s. futures. you know, this talk of possible default is actually sending some investors to safe havens like gold for example. hitting a record high of $1,617.30, now it's $1,617.30. the oil price pulling back just a tad over the back of what's going to happen to the u.s. economy and demand for crude. charles. >> hmm. now, if hillary clinton is right and a deal is ju
of some instruments that could -- showing, you know, trouble in the lending market. >> the big question is, will washington let that happen, and right now that answer is not any clearer than it was yesterday morning. we begin with breaking news, though. this titanic struggle that's continued to go on right now to end the debt crisis before next tuesday's deadline. here's a live look at the capitol where overnight, infighting among republicans forced house speaker john boehner to yank his debt bill. they thought there was going to be a vote last night. there is hope he will try to pass it again today. in four hours the speaker will again sit down with fellow republicans and again try to entice just a handful of hardline conservatives to fall in line. >> the bill's not perfect. i never said it was perfect. nobody in my caucus believes it's perfect. but what this bill reflects is a sincere, honest effort to end this crisis in a bipartisan way to send it to the senate where it can receive action. >> now the speaker's bill would cut $900 billion from the budget over ten years in exchange for a
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